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HFA News
Georgia to Open Wait List for Housing Choice Voucher Program
The Georgia Department of Community Affairs (DCA) announced applications for the Housing Choice Voucher Program(HCV) will be open from October 17, 2023, at midnight until October 20, 2023, at 11:59 p.m. Formerly known as Section 8, this HUD-funded program assists low-income families and individuals to afford decent, safe, and sanitary housing. This is the first time since 2021 that the HCV wait list has been opened to serve additional eligible applicants.
$5 Million in Funding from New Mexico Housing Trust Fund Available for New Mexico Mortgage Finance Authority’s Housing Innovation Program
The New Mexico Mortgage Finance Authority (MFA) has allocated $5 million from the New Mexico Housing Trust Fund for its Housing Innovation Program. The program is a resource to address housing needs that are currently unmet by other MFA programs, and it provides an opportunity for eligible applicants to fund community tailored housing solutions.
MSHDA Board Approves Housing TIF Program to Create and Preserve Affordable Housing
At its September meeting, the Michigan State Housing Development Authority (MSHDA) Board approved the Housing Tax Increment Financing (TIF) program and Pilot Housing TIF Gap Lending program to create and preserve housing statewide. The board also approved a new affordable housing project in Macomb County.
Colorado Growth and Revitalization Fund Awarded $65 Million in New Markets Tax Credits
The Colorado Growth and Revitalization Fund (CGR Fund) has received an award of $65 million in federal New Markets Tax Credits (NMTCs), the highest award amount allocated to qualified applicants this year, according to the latest NMTC Program Award Book.
Governor Hochul Announces Start of Construction on 76-Unit Affordable Housing Development in Yonkers
Governor Kathy Hochul today announced the start of construction on 76 affordable apartments and commercial space in downtown Yonkers as part of the State’s efforts to expand housing opportunities near MTA transit hubs.
LHC and Partners Welcome Grand Opening of the Arbours at Lafayette
Today, The Louisiana Housing Corporation (LHC), alongside local, state, and federal partners, unveiled the brand-new Arbours at Lafayette apartment complex on Alcide Dominique Drive.
Arundhati Bose Joins New Mexico Mortgage Finance Authority as Chief Financial Officer
The New Mexico Mortgage Finance Authority (MFA) announces the selection of Arundhati Bose as its new chief financial officer, bringing with her a 30-year track record in financial management within the corporate sector.
Stefka Fanchi Appointed to CHFA’s Board of Directors
Colorado Housing and Finance Authority (CHFA) congratulates Stefka Fanchi, President and Chief Executive Officer of Elevation Community Land Trust, on her appointment to its board of directors. CHFA’s board serves as its governing body and is tasked with supporting CHFA’s mission to strengthen Colorado by investing in affordable housing and community development.
Governor Hochul Celebrates Completion of 188-Unit Affordable Senior and Supportive Housing Development in the Bronx
Governor Kathy Hochul today announced the completion of 2850 Webster Avenue in the Bedford Park section of the Bronx, which offers 188 apartments for New Yorkers aged 62 and older. The energy-efficient, mixed-use development includes a 12,000-square-foot grocery store operated by Cherry Valley Marketplace and on-site social services provided by Fordham Bedford Community Services.
VHFA Announces Homeownership Funding
Last week, the Vermont Housing Finance Agency (VHFA) Board of Commissioners awarded Vermont State Affordable Housing Tax Credits for homeownership development projects across the state. Once sold to investors, the credits will yield nearly $3 million in equity for downpayment assistance for newly constructed or substantially rehabilitated single-family homes as well as energy-efficient manufactured homes.
